Simple question, is Long receiver swaption = write a payer swaption?
If not, what makes the difference?
Long call ≠ short put.
Thanks for the neat answer.
The payoff diagram looks similar, but the directional bet is different. Thanks!
My pleasure.
Simple question, is Long receiver swaption = write a payer swaption?
If not, what makes the difference?
Long call ≠ short put.
Thanks for the neat answer.
The payoff diagram looks similar, but the directional bet is different. Thanks!
My pleasure.